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CARPENTARIA RESOURCES LTD (ASX:CAP) - cap raising?, page-26 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
CAP
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2.27% 4.3¢ carpentaria resources ltd

cap raising?, page-26

  1. london2012
    216 Posts.
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    22/03/13
    16:55
    Post #: 11576045
    Whoever has done the buying has handed the current board a real gift in that they will be able to raise capital at a significant premium to when the shares were trading at 17 cents a couple of weeks ago. I think the current board will win with a greater margin than at the agm, and a capital raising at 15-20 cents will closely follow. There may be an effort to keep the price up until that point, which we may have seen this afternoon.

    Regards.

    CAP Price at posting: 29.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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